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technology company. certainly when you think about silicon valley and companies that have hit hard times. very view come through it and re-emerge. apple is one that we can all remember having done that. ibm. although not a silicon valley company but technology company. most recently perhaps ebay in a significant decline but i spoke to john at length on friday and it appears they have brought around their marketplace business in addition to continue strong growth at the paypal unit. it's difficult to do. when you come back to yahoo! you have to wonder how do they do it? >> is there an act two? cisco tonight almost every analyst on the street said they're going to miss. >> universal in both miss and then the guidance is going to be negative. david, when you spoke with stevenson, didn't you get the sense that the companies are done spending on anything other than amd on towers? >> they got to spend. you know, stevenson was very outspoken in saying fiscal cliff. we're not spending but we are. we're deciding to spend $14 billion over the next three years. they absolutely have to in order to c
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. we'll talk technology later on but that's not the only subject. what's coming up? >> reporter: a very cool napa valley. we are very close to silicon valley, so here at napa valley ceo technology summit we'll be joined throughout the day by a number of luminaries from the technology industry. i'll be talking to john donahoe, ceo of ebay. back to you. >> french laundry, that's the key tonight. french laundry. he's smiling like he's already been. meantime, a road map starts at cross section of wall street and washington. third weeks of losses as congressional office highlights difficulties if no fiscal cliff worked out. >> jcpenney shares on sale as it posts a much bigger loss and revenue miss. concerns mounting now about whether ceo ron johnson can right this ship. >> disney shares under pressure. casually optimistic about theme park business. >> groupon, one analyst slashing his down to one. >>> the worries the president and washington lawmakers will not agree on a deal to avoid the fiscal cliff. the cbo warns if an agreement is not struck by the end. year, the u.s. economy would head
mentioned. saving a lot of money. and this gets back to the prostate. we now have a new technology that we refer to as the 4-k score. it involves four markers in an algorithm and you wind up with a number. this test can be done with a simple drop of blood and the number that you get is an indicator of whether a man has prostate cancer and whether it's of the aggressive type or slow-growing variety. >> we already have one. we have psa -- >> but the psa is highly inaccurate. and the point is this would be done for men who have an elevated psa and that occurs in 5% of the men. now, there are 30 million psas done in a year so roughly between 1 and 1 1/2 million biopsies. 70% has been shown to be negative. there's a lot of effort and pain going into these needless biopsies, not to mention costs. with a million of those, you end up with a $5 billion cost. -- $5,000 cost. with a million of those, you wind up with a $5 billion cost. we think we can eliminate half of those if you do the 4-k score on only the men who have an elevated psa. not only do you save the $2.5 million on the actual cost, but
holdings, marvel technology. >> i think that technology is being passed by. it is a very poorly run company. maybe the 3% yield helps it. i don't want anything to do with that stock. i would like to go to cody in michigan. cody? >> caller: boo-yah. >> wow. nice. >> i want to know what you think of ttc? >> yeah, it's a great housing play. it's a winner. i feel like it's going to continue to win. and let's go to carol in big missouri. carol? >> caller: boo-yah, jim! >> nice overtime win there, carol. what's up? >> caller: yeah, i'm wondering if you think alcoa aluminum is poised for a rebound in 2013. >> in 2013, yes. it does have tremendous tax law selling between now and year end. that is one horrible commodity that he has to deal with. it was like, you know, the copper corporation would be doing good. let's go to daniel in virginia. daniel? >> caller: yes? >> go ahead, daniel. you're up. >> caller: yep. >> you're up. >> caller: yeah, i'm wondering about ssys. >> stratus. yeah, that thing up is too much. that is a register ringer if i ever saw one. i don't want to be in a technology stock u
rushed, particularly technology companies rushed to europe. you'll see in q-1 companies saying, look, we have maintained our european. don't worry about european. if they don't say it, i think we'll sell the stocks. >> worse before it gets better was on the conference call. >> industrial production misses this ridiculous fight between the eu and imf. bank of england cutting growth outlook for the u.k. >> gdp tomorrow. it will be terrible. alco alcoa being struck because they try to close a plant. the conversation will be at the beginning of the conference call and europe -- we're managing europe down to x. european we're going to close europe. ford motor gave you an example of what will happen. we won't let europe bring our company down. latin american, asia turn turne. we won't let europe ruin us. europe will be isolated. that's what happens if you decide to go off the grid like they're doing. their major issue is carbon tax. they keep talking about carbon tax. the european, the german power company talking about having too much solar power which is bringing down and able to make money
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rates and rigs. this technology is being deployed in such a wide area and so rapidly and with constantly changing technology that the issue for natural gas at this moment in terms of price isn't the depletion rate. it's the huge backlog of wells that have been drilled that haven't been connected to transportation networks to move it from the well head to the markets. so you have a lot of gas sitting there just waiting for the tap to be turned on and that will continue to happen because this is something that is changing the u.s. energy market and is something that at these prices is still profitable for the companies. >> before we let you go, what do you think they are saying in the halls of opec today about this report? >> i don't think halls of opec are that worried. china and the emerging market demand is not going to go away. it may not accelerate as quickly as some people had predicted. certainly the destination for oil from the middle east increasingly is going to be asia. it already has been. we are already looking at perhaps in the next five years according to this report today n
are really waiting to see how consumers and enterprises adopt this technology. i think it's great. i'm not the only consumer out there. i learned early on in the career, don't design products just for myself and waiting to see how consumers adopt these things. i think microsoft did a great jb on it. and now we need a lot more apps and more devices to ship. >> you got your finger on the pulse of so many different products, paul. you must have a guess how it's received. there must be a reason why you say cautiously optistic and how consumers receive the product. >> it's just, you know, you never know. a new product comes out. if everybody knew how consumers would react to things every hollywood movie would be a blockbuster. >> true. >> i look at it and say we'll build the enabling technology and be here and make sure that we make the investments in r&d so that we can build the next generations of products to be better an better and hopefully that wave comes in. you think about the smartphone wave to hit, we kept ourselves prepared. we built the products the right way. and when it hit,
and attack soesh immedia social media. game technology also reporting better fourth quarter earnings on sales of slot machines. >>> let's get back to the broader markets. joining us live from new york is maury harris, chief u.s. economist at ubs investment research and from richmond, virginia, alan gail from ridge worth capital management. . welcome to both of you. maybe we should start having a bell ding every time we talk about the fiscal cliff. we were talking about it this morning and trying to figure out what it means. the cbo came out with new projections. they do talk about how this could push the jump in the jobless rate to 9.1% by the end of 2013, but they say over the longer term, you will see the unemployment rate fall and the economy would return after some time. they're talking about a long time, though. i think it takes until about 2020 before you see the rate back down at 5.5%. how big of a deal is this, what happens next year and beyond if we do go over the fiscal cliff? >> first of all, i think it's a public service that the cbo is warning what would be these likely dire cons
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. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ nespresso. where there's a coffee to match my every mood. ♪ where just one touch creates the perfect cup. where every cappuccino and latte is made with fresh milk. ♪ and where clothing is optional. nespresso. what else? >>> a strategy session for your portfolio. we're keeping tabs on where stocks are heading and rising above the looming fiscal cliff, jason trennert and barry knapp on what matters for your money. >>> a healthy profit. athenahealth ceo john than bush and wharton professor zeek amman we will making obama care working for you. >>> and what needs to be done for the electric grids throughout the northeast. >> le
of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> good morning and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew ross sorkin. our top story is an economic ticking time bomb. what am i talking about? the fiscal cliff. about a dozen ceos are scheduled to meet with president obama today, including ge's jeff immelt. et another friend of the show,
of investing technology is now within your grasp with the e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way you want it, all on one page. transform your investing with the e-trade 360 investing dashboard. >>> it's all about china on the program today. in the meantime, though, you can also get who are if you head over to cnbc's special china reports on our website. it's changing elsewhere there were chaotic scenes inside and outside the greek parliament last night as lawmakers narrowly approved an austerity package. some 100,000 anti-austerity protesters were gathering on the second day of a 48 hour national strike. rioters as you can see there threw rocks and bombs at police who responded with tear gas and water cannons. meanwhile parliamentary workers interrupted the debate on the measures by walking out when they discovered their salaries would be cut and several lawmak
, whether that was registration forms or getting people their checklist or whatever technology they were using, that made him a difference because they could talk to more people. these are hundreds of thousands of door knobs and phone calls they were able to do. so that's a big thing. then when you look at the exit polls, there's a couple things beyond the changing face of the nation, a changing attitude of the nation. when you think about what happened on election night, wisconsin elected the nation's first open lesbian senator to gay marriage approved in four states. marijuana would be legal in colorado. this is a country where people are becoming more socially liberal, while the republicans are doing this soul-searching between what type of social policies they want to promote. that trip to a lot of senate candidates. we will talk more about that i'm sure. and so this is where young voters are a big part of this demographic key as well. they actually turned out in bigger numbers in 2012 than he did in 2008 despite her not being an overall. the democrats talked a lot in 2008 about want
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much rather power this economy with the energy technologies that won't be viable for 30, 40 years from now as opposed to driving the economy with what's viable today. >> phil, this analysis said we could be oil exporters within the next 20 years or some what kind of an impact would that have on our economy as a whole? >> well i think it is going to give us a new form of income. it will lower our trade deficit. we were always concerned about, you know, sending all our money to china for goods and the trade deficit with china, it is not fair. guess what? we're going to be in a distinct advantage over china, not only from a trade standpoint because we're going to be able to provide them with energy they need but also because we're going to be able to attract manufacturing jobs here to the united states. why? because we're going to have the reliable, low-priced energy source for years to come. that's going to bring manufacturing back to the u.s. that will bring factories and jobs. this is historic. i'm euphoric. i've seen it coming for some time. i'm glad the international energy agency is
Search Results 0 to 20 of about 21 (some duplicates have been removed)